Equinox Chesapeake Strategy Fund Price on September 26, 2024
| ECHAX Fund | USD 10.41 0.18 1.70% |
Below is the normalized historical share price chart for Equinox Chesapeake Strategy extending back to December 01, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Equinox Chesapeake stands at 10.41, as last reported on the 22nd of December, with the highest price reaching 10.41 and the lowest price hitting 10.41 during the day.
If you're considering investing in Equinox Mutual Fund, it is important to understand the factors that can impact its price. Equinox Chesapeake secures Sharpe Ratio (or Efficiency) of -0.0664, which denotes the fund had a -0.0664% return per unit of risk over the last 3 months. Equinox Chesapeake Strategy exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equinox Chesapeake's Mean Deviation of 0.7225, standard deviation of 0.9152, and Variance of 0.8376 to check the risk estimate we provide.
Equinox Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Equinox |
Sharpe Ratio = -0.0664
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| Negative Returns | ECHAX |
Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Equinox Chesapeake is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Equinox Chesapeake by adding Equinox Chesapeake to a well-diversified portfolio.
Equinox Chesapeake Valuation on September 26, 2024
It is possible to determine the worth of Equinox Chesapeake on a given historical date. On September 26, 2024 Equinox was worth 11.02 at the beginning of the trading date compared to the closed value of 11.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equinox Chesapeake mutual fund. Still, in general, we apply an absolute valuation method to find Equinox Chesapeake's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Equinox Chesapeake where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equinox Chesapeake's related companies.
| Open | High | Low | Close | Volume | |
| 10.80 | 10.80 | 10.80 | 10.80 | 1.00 | |
09/26/2024 | 11.02 | 11.02 | 11.02 | 11.02 | 1.00 |
| 11.06 | 11.06 | 11.06 | 11.06 | 1.00 |
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Equinox Chesapeake Trading Date Momentum on September 26, 2024
| On September 27 2024 Equinox Chesapeake Strategy was traded for 11.06 at the closing time. The highest daily price throughout the period was 11.06 and the lowest price was 11.06 . There was no trading activity during the period 1.0. Lack of trading volume on 09/27/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.36% . The overall trading delta to current closing price is 5.63% . |
Equinox Chesapeake Fundamentals Correlations and Trends
By evaluating Equinox Chesapeake's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Equinox Chesapeake's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Equinox financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Equinox Chesapeake Mutual Fund history
Equinox Chesapeake investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Equinox is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equinox Chesapeake will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Equinox Chesapeake stock prices may prove useful in developing a viable investing in Equinox Chesapeake
The fund makes a combination of investments directly in an actively managed fixed-income portfolio comprised of cash, cash equivalents, securities issued by the U.S. government with one year or less term to maturity and money market funds and directly or indirectly in a diversified portfolio of futures contracts and futures-related instruments such as forwards and swaps in broadly diversified global markets across a wide range of asset classes, including equities, fixed income, currencies and commodities, utilizing a portfolio of futures, forwards, options, spot contracts and swaps.
Equinox Chesapeake Mutual Fund Technical Analysis
Equinox Chesapeake technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Equinox Chesapeake Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Equinox Chesapeake Strategy cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Equinox Chesapeake December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Equinox Chesapeake mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equinox Chesapeake shares will generate the highest return on investment. By undertsting and applying Equinox Chesapeake mutual fund market strength indicators, traders can identify Equinox Chesapeake Strategy entry and exit signals to maximize returns
Equinox Chesapeake Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equinox Chesapeake's price direction in advance. Along with the technical and fundamental analysis of Equinox Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Equinox to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.14) |
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| Volume Indicators |
Other Information on Investing in Equinox Mutual Fund
Equinox Chesapeake financial ratios help investors to determine whether Equinox Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Equinox with respect to the benefits of owning Equinox Chesapeake security.
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